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4501 Laguna Blvd #401, South Padre Island, TX, 78597

4beds
4baths
2,497sqft
$969,000
$388price/sqft
$6,532/moest. monthly cost
$261,280/yrincome needed

About This Home

Completely remodeled bayfront penthouse and the largest unit in the complex, offering nearly 2,500 sq. ft. across three levels with 4 bedrooms, 3.5 baths, and panoramic views of the Laguna Madre, Gulf waters, and even SpaceX launches from multiple balconies, including a private rooftop terrace. Soaring two-story windows fill the home with natural light, while the open-concept design, porcelain tile flooring, quartzite natural stone countertops, matching smart appliances including a double oven and flex fridge, commercial-grade smart blinds, hurricane-impact windows, walk-in closets, two A/C units, two tankless water heaters, water filtration system, and recently installed washer/dryer create a true luxury coastal retreat. Located in a gated waterfront community with elevator access, covered parking, covered pool, private boat slip with lift, fish cleaning station, green fishing lights and tennis/pickleball courts. Exceptional waterfront living on South Padre Island.

Getting Around

54
WalkingSomewhat Walkable
0
TransitVery Limited Transit
41
BikeSomewhat Bikeable

Schools

6/10
Garriga Elementary SchoolGrades PK-54.0 mi
4/10
4/10
Port Isabel High SchoolGrades 9-125.4 mi

Construction

Condition

  • Year built: 1984

Materials

  • Roof: Flat

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Heating & Cooling

  • Heating features: Electric,Zoned
  • Cooling features: Central Air,Zoned

Interior Area

  • Total structure area: 2,497
  • Total interior livable area: 2,497 sqft

Property

Details

  • Zoning: MF

Features

  • Pool features: Pool-Outdoor
  • Exterior features: Balcony,Fishing Dock/Pier,Storage
  • Has view: Yes
  • View description: Water,Bay,SpaceX Launchpad View
  • Has water view: Yes
  • Water view: Water,Bay
  • On waterfront: Yes
  • Waterfront features: Bay Front
  • Frontage type: Laguna Blvd Frontage

Parking

  • Parking features: Covered,Unassigned

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Coastal Flooding
    Coastal FloodingRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
Inland Flooding
Hail
Heat Wave
Ice Storm
Lightning
Strong Wind
Tsunami

FEMA Declared Disasters Across Texas Counties

Flood
Hurricane
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,899$58,788
Home Insurance *$269$3,228
Property Taxes $1,090$13,080
Electricity $274$3,290
Total$6,532$78,384
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$223,954/yr
40% on housing$195,960/yr
45% on housing$174,186/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.0%
6.0%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 1.8%
1.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$388This listing

vs Other Active Listings

Avg $/sqft

ZIP 78597$297
Cameron County$150

vs Homes Sold Last Month

Median $/sqft

ZIP 78597$411
Cameron County$168

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-01Price change$969,000
2026-05-28Price change$989,000
2025-06-04Listed for sale$1,095,000
2022-02-25Sold--
2022-01-24Pending sale$675,000
2022-01-16Listed for sale$675,000
2022-01-05Pending sale$675,000
2021-11-13Listed for sale$675,000
2018-10-31Listing removed$599,000
2017-11-03Listed for sale$599,000
2016-04-01Listing removed$595,000
2016-03-16Listed for sale$595,000
2015-10-01Listing removed$595,000
2015-02-05Listed for sale$595,000

For Sale by Agent

AgentCraig Grove
BrokerageGRT Realty

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